Matribhumi Samachar English
Washington, D.C.–(Newsfile Corp. – July 7, 2025) – The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting at the SEC Headquarters in Washington D.C on Tuesday, July 22, 2025 at 10 a.m. E.T. The meeting will be open to the public, in-person, as well as webcast on the SEC website, and will explore Regulation A and the topic of “finders,” persons who assist companies with limited capital-raising activities in private markets.
The meeting will start by finalizing discussion of potential regulatory improvements to Regulation A, building upon ideas generated during the previous committee meeting. In keeping with the committee’s efforts to promote small business capital formation, including access to capital for founders who are building businesses outside of prominent entrepreneurial hubs or without robust capital-raising networks, the committee will spend the remainder of the meeting exploring “finders” and related matters.
Staff from the SEC’s Division of Trading and Markets will provide the committee with an overview of the SEC’s 2020 release, which proposed a limited, conditional exemption from broker registration for “finders.” The committee will also learn more about the role of “finders” and possible regulatory solutions from industry practitioners Gary Ross, Managing Partner at Ross Law Group, and Kelley Arena, Founder at Golden Hour Ventures. As part of this discussion, the committee will explore potential principles, frameworks, conditions, and safeguards that could permit certain “finders” to engage in limited capital-raising activities.
For more information about the committee and the full agenda for the meeting, visit the committee webpage.
The Small Business Capital Formation Advisory Committee provides advice and recommendations to the SEC on rules, regulations, and policy matters relating to small businesses.
